SMN vs. PWER ETF Comparison

Comparison of ProShares UltraShort Basic Materials (SMN) to Macquarie Energy Transition ETF (PWER)
SMN

ProShares UltraShort Basic Materials

SMN Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.73

Average Daily Volume

3,849

Number of Holdings *

43

* may have additional holdings in another (foreign) market
PWER

Macquarie Energy Transition ETF

PWER Description The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.

Grade (RS Rating)

Last Trade

$29.34

Average Daily Volume

616

Number of Holdings *

23

* may have additional holdings in another (foreign) market
Performance
Period SMN PWER
30 Days 6.12% -0.34%
60 Days 1.26% 3.53%
90 Days -0.70% 3.40%
12 Months -22.86%
4 Overlapping Holdings
Symbol Grade Weight in SMN Weight in PWER Overlap
AA A 0.52% 5.16% 0.52%
APD A 8.28% 3.83% 3.83%
CF A 1.59% 5.73% 1.59%
STLD B 1.13% 1.09% 1.09%
SMN Overweight 39 Positions Relative to PWER
Symbol Grade Weight
LIN C 18.22%
ECL D 7.77%
DD C 7.23%
DOW F 6.27%
NEM D 5.65%
PPG F 4.81%
LYB F 3.74%
CTVA C 3.36%
FCX F 2.96%
NUE C 2.59%
IFF D 2.28%
CE F 2.25%
FMC D 2.05%
EMN C 1.67%
RPM A 1.53%
ALB B 1.36%
RS B 1.28%
MOS F 1.21%
RGLD C 1.17%
AXTA B 1.0%
HUN F 0.74%
ASH F 0.73%
SMG C 0.7%
VVV D 0.64%
NGVT B 0.55%
NEU D 0.55%
OLN F 0.45%
CC C 0.45%
ESI B 0.44%
SXT C 0.44%
CMC B 0.41%
FUL F 0.4%
CBT D 0.4%
WLK D 0.39%
ATI C 0.37%
CRS B 0.35%
X B 0.28%
WOR F 0.24%
BTU B 0.1%
SMN Underweight 19 Positions Relative to PWER
Symbol Grade Weight
FSLR F -5.08%
GNRC C -4.37%
MP C -4.28%
MPC D -3.65%
VLO C -3.63%
COP C -3.12%
EQT B -2.83%
RUN F -2.83%
PR B -2.21%
CHRD D -2.12%
BKR A -2.04%
SLB C -2.04%
MTUS C -1.98%
ENPH F -1.4%
EOG A -1.14%
DAR C -1.05%
FLNC D -1.01%
OXY D -0.85%
LEU C -0.74%
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